The trustee overseeing the Scott Rothstein bankruptcy sued investor Gerald Brauser and members of his family for $4.25 million, but they are settling for $150,000.

The Brausers invested $4.25 million with Rothstein, but they got it all back when they demanded it be returned in in February 2009, eight months before he finally was exposed.

The trustee, Herbert Stettin, filed a motion in court Wednesday outlining a payment of $150,000 to settle the $4.25 million lawsuit.

Rothstein said under oath that he paid off the Brausers because he feared being exposed.

Rothstein is serving a 50-year prison term for running a $1.4 billion Ponzi scheme using his law firm, Rothstein Rosenfeldt Adler, as a front.

He famously concocted fake TD Bank statements to impress investors. In a deposition this summer, Rothstein said the Brausers demanded their money back because they obtained bank statements showing the accounts held little money.

However, an attorney for the Brausers told the Sun-Sentinel that the Brausers wanted their money back because they had to pay off a mortgage.

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